A Tale of Two Landings There has been a lot of talk about the Fed sticking a “soft landing”, in which inflation moderates in response to tight monetary policy but the economy avoids a recession. With each data point showing the prowess of the U.S. economy – see last week’s Q4 GDP report, for example…Read more
Data Divergence Housing costs are a huge part of the average American’s budget. But the data on rent growth is wonky, painting a confusing picture for policymakers. In recent months, private-sector data like Zillow’s (Z) Observed Rental Index has shown a deceleration in the cost of new leases for houses and apartments. But inflation measures…Read more
What’s Next for the Fed? It’s Fed week! And jobs week to boot! Investors will have plenty to look out for as this week unfolds. Economists and investors have been debating when the U.S. economy would finally weaken, with the scenario always a quarter or two in the future. Yet the economy has continued to…Read more
